Mobile Navigation

Latest News: Business

Samsung Engineering inks HDPE petrochemical contract from OPaL    

Samsung Engineering (Seoul, Korea; www.samsungengineering.co.kr) has signed a high-density polyethylene plant (HDPE) order contract for $229 million  from OPaL (ONGC Petro Additions Ltd. ), a subsidiary of India s national oil company ONGC (Oil & Natural Gas Corporation Ltd.). The…

Member Exclusive

AMEC appointed project management contractor for chemical complex in China  

AMEC Plc. (London, U.K.; www.amec.com) has been appointed by BASF Polyurethane (Chongqing) Co. and Chongqing Chemical and Pharmaceutical (Group) Holding Co. (CCPHC) as the project management contractor for the development of a new 400,000-metric-ton-per-year MDI (diphenylmethane diisocyanate) facility at Changshou,…

Member Exclusive

Yanchang Petroleum Group and KBR to create a JV company  

Shaanxi Yanchang Petroleum (Group) Co. (Yanchang Petroleum Group) and KBR, Inc. (Houston; www.kbr.com) have signed an agreement to create a joint-venture (JV) company in the People’s Republic of China. The purpose of the JV will be to market, sell, deliver…

Member Exclusive

Ube Industries to launch commercial production of Artificial Micro Carbon

Ube Industries, Ltd. (Tokyo, Japan; www.ube-ind.co.jp says it will launch commercial production of proprietary Artificial Micro Carbon (AMC; multi-walled carbon nanotubes-MWCNT). The company is currently proceeding with the construction of production line for AMC within the Ube Chemical Factory located…

Member Exclusive

Solvay to build specialty polymers plant in China  

Solvay S.A. (Brussels, Belgium; www.solvay.com) has launched a project to build a specialty polymers production plant for Solef Polyvinylidene Fluoride (PVDF), Tecnoflon Fluoroelastomers (FKM) and their essential monomer VF2 in China to satisfy the growing demand for these high value-added…

Member Exclusive

UOP: Propane-dehydrogenation technology for Abu Dhabi Oil Refining  

UOP LLC (Des Plaines, Ill; www.uop.com), a Honeywell  company, has been selected by the Abu Dhabi Oil Refining Co. (Takreer) to provide key technology for a new petrochemical production unit in the United Arab Emirates. The new propane dehydrogenation (PDH)…

Member Exclusive

Novo Nordisk invests in new factory in Denmark  

Novo Nordisk A/S Bagsværd, Denmark; www.novonordisk.com) is investing close to 1 billion Danish kroner (€134 million) in a new factory in Kalundborg, Denmark, for the production of biopharmaceuticals such as haemophilia medicine, growth hormone and other current and future pharmaceuticals.…

Hans-Joachim Müller becomes member of Clariant’s executive committee

Specialty-chemical producer Clariant (Muttenz, Switzerland; www.clariant.com) has appointed Dr. Hans-Joachim Müller member of the executive committee. He will join the company on July 1, 2011 and will be responsible for the two business units: Catalysis & Energy and Functional Materials.…

Member Exclusive

AkzoNobel: €140-million investment in Frankfurt  

AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) is investing €140 million to convert its chlorine plant in Frankfurt am Main, Germany, to state-of-the-art membrane electrolysis technology. The new facility, which will increase current capacity by around 50%, will help to reinforce the…

Member Exclusive

Axens awarded Iraq Maissan Refinery contracts  

South Refineries Co. (SRC), a subsidiary of the Iraqi Ministry of Oil, awarded Axens (Rueil-Malmaison, France; www.axens.net) the basic engineering design and license contracts for the construction of the new petroleum refinery in Maissan, Southern Iraq. Axens will supply the…